HONG KONG SAR - Media OutReach Newswire - 13 December 2024 - MDRi, a leading provider of business insights, today released its China Luxury Consumer F...
Mainland China’s Luxury Market Poised for Growth: Insights from MDRi’s 2025 Consumer Forecast- Media OutReach Newswire - 13 December 2024 - MDRi, a leading provider of business insights, today released its China Luxury Consumer Forecast 2025, presenting an in-depth analysis of luxury consumption trends in Mainland China and Hong Kong.
Economic uncertainty continues to loom over Hong Kong, where 12% of luxury consumers intend to reduce their spending next year, compared to 9% in Mainland China. This cautious sentiment reflects broader concerns about the region’s economic stability. This report underscores the importance of understanding the evolving preferences of luxury consumers in both regions, as brands navigate a rapidly changing market landscape., commented: “Mainland China is currently experiencing a dynamic shift in luxury market. Recent industry data has unveiled contrasting trends, with certain luxury conglomerates witnessing declines in Asia-Pacific revenues, while others have observed growth in parallel instances.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sedania Innovator aims to become Malaysia’s first fast-moving consumer goods multinational companyPETALING JAYA: Sedania Innovator Bhd, an innovation and sustainability-driven technology company is embarking on a transformative journey to establish...
Read more »
Malaysia steps up anti-scam efforts with new law amendments, says Cyber consumer groupA bear entered a supermarket and attacked a male employee on Saturday in Akita Prefecture, northeastern Japan, local media has reported.
Read more »
Sabah consumer group seek clarity on electricity subsidy confusionLIMA: Yoon Suk Yeol and Japanese Prime Minister Shigeru Ishiba expressed 'strong' concerns over military cooperation between North Korea and Russia and decided to continue 'shuttle diplomacy' during their talks in Peru on Saturday (Nov 16), Yoon's office said.
Read more »
Businesses should adapt to consumer shiftsCONSUMERISM is not a product of some malevolent force that will pass away with time, but a deep dissatisfaction between the relationship with consumer...
Read more »
DBKL Responds to Claims That Luxury Cars Were Left Unclamped Despite Parking Illegally in BangsarRecently, a Malaysian man questioned DBKL officers for allegedly issuing a notice and clamping a Perodua Bezza parked by the roadside, but not another luxury
Read more »
RM16,000 fine for woman caught smuggling Labubu dolls, luxury bags into Singapore from LondonSINGAPORE, Nov 20 — A woman travelling to Singapore last month was fined S$5,000 (RM16,678) by Singapore Customs for failing to declare several items in her possession upon...
Read more »